Category: crypto

Strategy, formerly known as MicroStrategy, is unlikely to disclose its substantial Bitcoin holdings through on-chain proof-of-reserves (PoR) due to security concerns. Company chairman Michael Saylor believes sharing wallet data creates risks for hackers and malicious actors. The crypto community criticizes this stance, arguing that PoR does not compromise asset security. Other companies, like Binance and…

Rumble (NASDAQ:RUM) announced a collaboration with TRON DAO to promote decentralization of the internet through blockchain technology and dApps. Rumble Cloud offers essential cloud services to empower organizations to become independent from traditional cloud providers. TRON is the leading network for Tether (USDT) and the collaboration aims to maintain decentralization.

Tether, issuer of the largest stablecoin USDT, has reinvested $5 billion of its profits into US companies and infrastructure over the past two years. The investments include decentralized media, neuroscience, and Bitcoin mining. Tether also holds over $120 billion in US Treasuries to maintain USDT’s dollar peg.

Succinct has achieved real-time zero-knowledge proving for Ethereum blocks in under 12 seconds using their SP1 “Hypercube” zkVM. The milestone represents a significant advancement in the zero-knowledge space, with optimizations in multilinear polynomials and CUDA kernels. However, Ethereum co-founder Vitalik Buterin outlined remaining limitations, including the need for formal verification and energy efficiency improvements. Discussions…

Trump Media and Technology Group (TMTG) is raising $3 billion to purchase Bitcoin and other cryptocurrencies. The company plans to sell $2 billion in new equity and $1 billion in convertible bonds. TMTG aims to become the seventh-largest Bitcoin holder and launch crypto exchange-traded funds under the “Truth.fi” brand.

Bitcoin is in a consolidation phase after hitting a record high of $111,880. Threats from profit-taking movements persist, with two seller groups driving the flow. A cooling movement was needed after a risk-off move triggered by Trump’s tariff threat. The report expects Bitcoin to trade between $106,000 and $111,000 until fresh demand absorbs overhead supply…

Last week, the SEC’s Crypto Task Force met with Nasdaq, Plume Network, and Etherealize to discuss issuing and trading tokenized securities on public blockchains. Nasdaq advocated for a digital asset-friendly venue, while Plume Network proposed a regulatory sandbox for on-chain markets, and Etherealize suggested an overhaul of transfer agent rules. All three groups called for…

Solana Foundation introduced the Solana Attestation Service, a trust layer for internet capital markets, allowing issuers to bind off-chain credentials to a user’s wallet address without exposing personal data on-chain. This service aims to streamline compliance, eliminate repetitive onboarding checks, and allow for the reuse of credentials for future token sales.

Pakistan is planning to allocate 2,000 megawatts of electricity for Bitcoin mining and AI data centers. This initiative is part of the government’s efforts to legalize crypto, attract foreign investment, and modernize its tech infrastructure. The country’s crypto ambitions have increased significantly, despite pressure from the IMF. Other countries, like El Salvador, have also embraced…

Digital asset investment products saw $3.3 billion in inflows last week, totaling $10.5 billion over the past six weeks. Bitcoin-backed products led the market with $2.9 billion in inflows, while Ethereum products attracted $326 million. XRP saw record outflows of $37.2 million. Overall, digital assets are gaining popularity due to economic concerns.